Environmental finance under ESG: a literature review and synthesis

Citation

Chee, Kong Yap and Chee, Seng Leow and Ismail, Aria Putra (2024) Environmental finance under ESG: a literature review and synthesis. Sustainable Social Development, 2 (2). art. no. 2481. pp. 1-13. ISSN 2972-4880

Abstract

This paper aims to review the literature on ESG (environment, social, and governance) finance based on the Scopus database and synthesize the review. Three advantages of embracing ESG in corporate finance are identified based on the literature reviewed. First, this positively influences financial investment decisions; second, it can leverage advancements in technology and innovations; and third, it can create proactive risk management. Overall, it is still believed and conceptually accepted that integrating ESG criteria within the investment decision-making process brings a consolidated approach to the investment strategy, aligning social and environmental benefits with financial returns and driving positive performance and shareholder value in the long run.

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Additional Metadata

Item Type:	Article
Subject:	Renewable Energy, Sustainability and the Environment
Subject:	Social Sciences (miscellaneous)
Subject:	Development
Divisions:	Faculty of Science
DOI Number:	https://doi.org/10.54517/ssd.v2i2.2481
Publisher:	Asia Pacific Academy of Science Pte Ltd
Keywords:	Business; Environment; ESG; Finance
Sustainable Development Goals (SDGs):	SDG 13: Climate Action, SDG 9: Industry, Innovation and Infrastructure, SDG 8: Decent Work and Economic Growth
Depositing User:	Ms. Nur Faseha Mohd Kadim
Date Deposited:	23 Jul 2026 08:18
Last Modified:	23 Jul 2026 08:18
Altmetrics:	http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.54517/ssd.v2i2.2481
URI:	http://psasir.upm.edu.my/id/eprint/127315
Statistic Details:	View Download Statistic

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